đŻđ€(prt3 )BEFORE YOU START TRADE LEARN THIS IT WILL HELP YOU MAKE GOOD DOLLAR đ°
(learnPRT1&2)
please guys let's not be in a hurry take your time to study this. Flip through this post over and over gradually you will understand ., check âïž through all your charts on trading view and the rest you will see these signs come to play...... just want to help..
*3/â± Piercing line*
The piercing line is a two-candle pattern with a long green followed by a long red candle, then a confirmation green candle.
There's usually a big gap down between the red candle's close and the green's open.
It shows strong buying, pushing the price to or above the previous day's midpoint.
*4/â± Hanging man*
The hanging man is like a hammer but appears at the end of an uptrend, signaling a bearish reversal.
Its lower shadow/Wick must be twice the length of the body.
It shows a big sell-off during the day, but buyers pushed the price back up. The next red candle is confirmation that despite the Bulls trying to push the price up, but the bears are still in charge and selling off has continued.
It's very important to take note of these patterns especially after a big uptrend, so that bears don't dump on you and you end up in long floating losses. Always remember that if a coin pumps hard, it is most probably to retrace hard too and you don't want to be caught in that situation.
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